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Alibaba Q1 Results Top Estimates

Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday net income for the first quarter that surged 51 percent from last year, driven revenue growth across all operating segments as well as lower costs and expenses. ....

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BBCNEWS Asia Business Report June 4, 2024 23:30:00

Plus. a bright spot in china s economy.. e commerce giant alibaba delivers its strongest revenue growth in almost two years. hello and welcome to asia business report. i m mariko oi. we begin in the us where prices rose moderately last month, despite a sharp increase in interest rates to stamp out inflation. the figures suggest the federal reserve s monetary policy is succeeding in taming soaring prices but thejob might not be done just yet. michelle fleury has more from new york. the us government reported that inflation increased 3.2% from a year earlier. that was up from a 3% annual rise injune. the increase is due in part to higher housing, car insurance and food costs. but once you strip out ....

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BBCNEWS Newsday June 4, 2024 23:30:00

In the world s largest economy but the battle against inflation is still 0n. plus. a bright spot in china s economy.. e commerce giant alibaba delivers its strongest revenue growth in almost two years. hello and welcome to asia business report. i m mariko 0i. we begin in the us where prices rose moderately last month, despite a sharp increase in interest rates to stamp out inflation. the figures suggest the federal reserve s monetary policy is succeeding in taming soaring prices but thejob might not be done just yet. michelle fleury has more from new york. the us government reported that inflation increased 3.2% from a year earlier. that was up from a 3% annual rise injune. the increase is due in part to higher housing, car insurance and food costs. but once you strip out ....

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CNN Early Start With Christine Romans June 4, 2024 09:49:00

Your labor is more than just a book called for your free author. submission kit 104 551827. alright. your roman s numeral this morning $100 billion. here s what the fed revealed about the day silicon valley bank was shut down. a total of $100 billion was scheduled to go out the door that day. the bank did not have enough collateral to meet that, uh and therefore they were not able to actually meet their obligations to pay their depositors over the course that day and they were shut down. that s not all panicked customers wasn t all we learned about more as the hearings continue today, in a moment, but first i look at markets around the world right now. european markets are higher this morning. nice game there. in paris. also asian markets finishing mixed but a big gain in the hang sang jumping 2% on a restructuring of e commerce giant alibaba and wall street stock index futures right now. also leaning higher ....

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